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5 ways Biden just tweaked the PPP to help the smallest businesses survive

Biden's changes to the PPP help businesses with less than 20 workers (or none at all) and those wit…

Ayelet Sheffey   


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The PPP loan program is open: How your small business can get loans, grants, and tax breaks from the new stimulus bill

The Senate passed a PPP extension on March 25, which would give struggling business owners another …

Business Insider   


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Democrats propose $50 billion in small business aid as part of larger pandemic relief plan

The House Small Business Committee bill included $25 billion for restaurant aid and $7.5 billion in…

Ayelet Sheffey   


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Fast food franchisees collected more than $1 billion in federal PPP aid earmarked for small businesses, analysis finds

The maximum loan was $10 million, and loans could be forgiven under certain circumstances.

Mary Meisenzahl   


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Ayelet Sheffey   


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Kate Duffy,Reuters   


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Businesses at properties owned by the Trump Organization and Kushner Cos. benefited from over 25 PPP loans worth $3.65 million, a new report says

The Kushner Cos. general counsel said the NBC News analysis was "completely untrue and amounted to …

Oma Seddiq   


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More than half of the money from the Paycheck Protection Program went to just 5% of recipients

The federally funded program was meant to help small businesses keep paying employees, but new data…

Barbara Smith   


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Restaurant job losses surged to 372,000 over the holidays in largest employment decline since April

During a season typically known for leisure activities, unemployment in the restaurant industry las…

Grace Kay   


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Congress just approved more funding for struggling small businesses. Here's what's different this time around.

The latest stimulus package includes $325 billion for small businesses, including a fresh round of …

Jennifer Ortakales Dawkins   


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Friday's May jobs report surprised economists. It could be a sign that the government's program to rescue small businesses is paying off

The May report could be showing a shift in workers receiving unemployment benefits to being rehired…

Carmen Reinicke   


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Joseph Zeballos-Roig   


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PRESENTING: The inside story of the businesses, banks, and bureaucracies grappling with the $670 billion attempt to rescue Main Street

BI Prime's exclusive reporting brings you actionable insights that can help you make informed decis…

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4 mins read

House Democrats pass their $2.2 trillion stimulus plan, which includes $600 federal unemployment benefits and direct payments

The coronavirus relief package is likely to be rejected in the GOP-controlled Senate, as many Repub…

Joseph Zeballos-Roig   


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15 of the most surprising companies that the Small Business Administration listed as paycheck protection loan recipients

Girl Scouts during a Fourth of July parade in San Gabriel, California in 2018.Frederic J. Brown/AFP…

Taylor Borden   


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2 mins read

Chuck Schumer wants an investigation into how Trump donor Monty Bennett became the largest recipient of PPP funds

Senate Democratic Leader Chuck Schumer asked the SBA to investigate hotelier Monty Bennett. Bennett…

Tom LoBianco   


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PRESENTING: What solo entrepreneurs can do to ensure they get paid and also qualify for forgiveness when using their PPP loan

Sole proprietors who've received less PPP money than anticipated have two options for padding their…

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The Fed's Main Street Lending Program is now open and encouraging banks to start making loans

Lenders can find registration documents on the program site and "are encouraged to begin making Mai…

Carmen Reinicke   


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5 mins read

Your employer just received a PPP loan — here's what that means for you

Your paycheck could go up or down as a result of your company getting a Paycheck Protection Program…

Julie Peck   


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2 mins read

Businesses connected to Trump advisor Jared Kushner and his family received millions in paycheck protection loans

The White House advisor and Ivanka Trump's spouse is technically no longer affiliated with the firm…

Graham Rapier